Company Valuation: Capital VC Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 111.6 96.11 75.62 65.12 33.61 65.27
Change - -13.86% -21.31% -13.89% -48.39% 94.19%
Enterprise Value (EV) 1 -101.2 -226 -212.4 -119.7 -122.6 -308.1
Change - -123.41% 6.04% 43.66% -2.42% -151.41%
P/E -1.06x 1.65x -0.85x -0.44x -1.69x 0.5x
PBR 0.25x 0.18x 0.16x 0.2x 0.11x 0.15x
PEG - -0x 0x -0x 0x -0x
Capitalization / Revenue -2.39x 1.15x -2.86x -0.58x -11.8x 0.46x
EV / Revenue 2.16x -2.71x 8.04x 1.06x 43.1x -2.15x
EV / EBITDA 1.54x -3.28x 4.48x 0.92x 9.57x -2.32x
EV / EBIT 1.54x -3.28x 4.47x 0.91x 9.44x -2.32x
EV / FCF 1.56x -1.66x 4.78x 3.06x -7.15x -3.83x
FCF Yield 64.3% -60.4% 20.9% 32.7% -14% -26.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3829 0.17 -0.2113 -0.3548 -0.0474 0.2914
Distribution rate - - - - - -
Net sales 1 -46.77 83.28 -26.43 -112.8 -2.847 143
EBITDA 1 -65.72 68.91 -47.42 -130.6 -12.8 133
EBIT 1 -65.75 68.88 -47.56 -130.8 -12.98 132.9
Net income 1 -105.5 62.72 -88.13 -149.1 -19.92 131.1
Net Debt 1 -212.8 -322.2 -288 -184.8 -156.2 -373.4
Reference price 2 0.4050 0.2800 0.1800 0.1550 0.0800 0.1450
Nbr of stocks (in thousands) 275,488 343,238 420,128 420,128 420,128 450,128
Announcement Date 1/28/21 1/28/22 1/30/23 1/31/24 1/23/25 1/28/26
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 12.63M
15.32x3.51x - 2.37% 156B
19.98x5.31x11.64x2.28% 154B
16.59x7.33x - 1.53% 101B
25.22x11.72x20.11x4.29% 73.92B
13.84x5.19x - 2.03% 47.24B
11.53x1.67x5.18x1.36% 43.97B
4.84x4.9x4.9x3.63% 35.22B
14.87x5.19x16.8x1.86% 32.66B
Average 15.27x 5.60x 11.73x 2.42% 71.54B
Weighted average by Cap. 16.81x 5.64x 12.44x 2.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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